A manufacturer makes and sells 2 products…

Reading Time: < 1 minute

Last Updated on May 11, 2023

GMAT OFFICIAL GUIDE PS

Solution:

We can let the number of P units sold = n and the number of Q units sold = 2n, and thus:

[(20 x n) + (17 x 2n)]/(n + 2n)

(20n + 34n)/3n

54n/3n = $18.00

Alternate Solution:

Quick solution: Imagine that he sold just 2 units of Q and 1 of P. His revenue would then be

Revenue = 2 x 17 + 1 x 20 = 54.

The arithmetic average for the 3 items sold would then be 54/3 = 18.

Answer: E

Share
Tweet
WhatsApp
Share